2027 Risk Management Summer Internship Program – New York

About the role

Jefferies’ 10-week Risk Management Summer Internship in New York offers hands-on experience within a global investment bank. Interns support quantitative analytics, risk measurement, model validation, and risk systems projects while receiving orientation, mentorship, performance feedback, and exposure to market and credit risk activities.

Responsibilities

• Support risk measurement methodologies, implementation, model validation, and development of risk systems and processes.
• Assist market and credit risk activities to promote consistent risk-assessment methodologies across the firm.
• Independently review and validate inventory valuation models, considering limitations and appropriate adjustments.
• Contribute to projects involving risk exposures, key metrics, limits, reporting, and escalation of concerns.
• Work on real-impact projects while collaborating with colleagues and contributing ideas from the beginning.

Risk Management Team

• The department provides independent oversight and analysis by identifying, assessing, monitoring, and managing firmwide risk.
• The team establishes risk frameworks, policies, procedures, controls, appetite statements, and limit frameworks.
• Responsibilities include assessing financial and non-financial risks, monitoring metrics, and reviewing risk-taking activities.
• The department keeps abreast of regulatory developments and requirements.

Program Experience

• Interns complete an enriching orientation before beginning day-to-day responsibilities within the Risk department.
• Colleagues provide instruction and mentorship throughout the internship program.
• Formal performance reviews support development during the internship.
• The environment is fast-paced, challenging, collaborative, and intellectually stimulating.